If P(A) = 0.20, P(B) = 0.30, and P(A and B) = 0, then A and B are:

a. dependent events
b. independent events
c. mutually exclusive events
d. complementary events


C

Business

You might also like to view...

China is the first BRICS nation in the upper-middle-income category with a GNI per capita income of $6,560 in 2013

Indicate whether the statement is true or false

Business

Both U.S. GAAP and IFRS classify gains and losses that are both unusual in nature and infrequent in occurrence as extraordinary and present them in a separate section of the income statement

a. True b. False Indicate whether the statement is true or false

Business

The ultimate goal of the Knights of Labor was to replace capitalism with producer cooperatives.

Answer the following statement true (T) or false (F)

Business

Guinea, Inc. adopted the dollar-value LIFO retail inventory method on January 1, 2016, when the price index was 100. The following information was taken from company records on December 31, 2016, when the price index was 110.  Cost Retail Sales $190,000 Additional markups 18,000 Markup cancellations 6,000 Markdowns 8,000 Markdown cancellations 2,000 Inventory, January 1$ 14,400 20,000 Purchases158,000 199,000 Purchase returns4,000 5,000 ? Required:Compute the cost of the December 31, 2016, inventory. (Round off calculations to the nearest dollar.)

What will be an ideal response?

Business